Record $1.33m for HUDC flat at Shunfu Road

**phantom_opera** · 15-12-12, 18:19

顺福路一间双层楼中等入息公寓，上个月以133万元易手，再创新高。

这个单位是位于顺福雅苑（Shunfu Ville）大牌316的中高楼层，面积达1660平方英尺。顺福雅苑共有358个单位。

根据新加坡房地产交易网站SRX数据显示，这宗交易以133万元成交，刷新今年9月同样在顺福路创下的128万元纪录。

不寻常的是，屋主没有收取半分钱的现金溢价，还以低于银行的138万元估价的价格出售。

NO COV

**radha08** · 15-12-12, 19:58

soon will be 1.5m...

**howgozit** · 15-12-12, 20:26

Madness....

**radha08** · 15-12-12, 21:13

Originally Posted by howgozit

Madness....

buyer dont think so...

**DC33_2008** · 15-12-12, 21:15

Kids education is priceless.

Originally Posted by howgozit

Madness....

**howgozit** · 15-12-12, 22:52

Originally Posted by radha08

buyer dont think so...

They are mad

**kane** · 15-12-12, 23:15

HUDC setting the pace for HDB.

**chestnut** · 16-12-12, 08:06

Originally Posted by kane

HUDC setting the pace for HDB.

Or is it the other way round???? Hahahaha

The smart one can see the trend.... Hahahahahaha

Some will be in denial... Hahahahahaha

Some will act..... Hahahahahaha

Some will procrastinate ...... Hahahahahaha

The verdict will be known at the later time.... But the verdict is already out for those who took the following action 2 years ago :
- those who bot
- those who procrastinated
- those who rented

So 2 years from now, who will wind up on top???? I have no idea

Why???? Someone said to me, cannot predict the future.... So I ain't predicting the future.... Hahahahahaha

**roly8** · 16-12-12, 08:11

chinese got a saying:

da tie chen re

increase more when the metal rod is hot

**chestnut** · 16-12-12, 08:16

Originally Posted by roly8

chinese got a saying:

da tie chen re

increase more when the metal rod is hot

Bro, u mean "strike while the iron is hot" ?

Wa lau... I didn't strike leh... I only struck like 1-2 month ago... So am I suppose to strike some more???? Please advise leh????

**roly8** · 16-12-12, 08:30

Originally Posted by chestnut

Bro, u mean "strike while the iron is hot" ?

Wa lau... I didn't strike leh... I only struck like 1-2 month ago... So am I suppose to strike some more???? Please advise leh????

maybe singapore send out alot of marketing agents in china to get new sales..

**price** · 16-12-12, 10:53

just curious, when one purchase a HUDC that's still under the process of privatisation, are u subject to the hdb rulings? i.e. 5years mop, cannot own any private property etc.?

**Laguna** · 16-12-12, 11:13

Originally Posted by price

just curious, when one purchase a HUDC that's still under the process of privatisation, are u subject to the hdb rulings? i.e. 5years mop, cannot own any private property etc.?

no
checked before with HDB

**price** · 16-12-12, 11:23

Originally Posted by Laguna

no
checked before with HDB

thanks Laguna. that means a seller can sell his HUDC to foreigners while waiting for it to be privatised

**minority** · 16-12-12, 11:25

willing buyer willing seller.....

its all in the eye of he beholder....

**Laguna** · 16-12-12, 16:27

EunosVille830 Sims Avenue #04-902 1,679

$1,300k $774 Aug 24, 2012

Tampines Court (collecting signature $1.5m)
132 Tampines Street 11 #01-232 1,722

$1,180k $685 Nov 5, 2012

**buttercarp** · 16-12-12, 16:37

Originally Posted by Laguna

EunosVille830 Sims Avenue #04-902 1,679

$1,300k $774 Aug 24, 2012

Tampines Court (collecting signature $1.5m)
132 Tampines Street 11 #01-232 1,722

$1,180k $685 Nov 5, 2012

Both these are privatised HUDCs.
Are they still considered HUDC or condo?
Actually what is the difference between a privatised HUDC and a condo?

And this Shunfu HUDC - has it been privatised fully yet?

**Laguna** · 16-12-12, 16:39

Originally Posted by buttercarp

Both these are privatised HUDCs.
Are they still considered HUDC or condo?
Actually what is the difference between a privatised HUDC and a condo?

And this Shunfu HUDC - has it been privatised fully yet?

All these been privatised and it is now private and not truly condo as no facilities.

Once the HUDC estate collected 75% and applied to HDB for privatisation, it is considered as privatised. The process takes about 1.-2 years to complete.

**price** · 16-12-12, 16:42

Originally Posted by Laguna

All these been privatised and it is now private and not truly condo as no facilities.

Once the HUDC estate collected 75% and applied to HDB for privatisation, it is considered as privatised. The process takes about 1.-2 years to complete.

I understand the process takes a couple of years but what does that actually mean? so during the period what's the status?? private or??

**Laguna** · 16-12-12, 16:53

Originally Posted by price

I understand the process takes a couple of years but what does that actually mean? so during the period what's the status?? private or??

private.
u can sell to foreigner, and can rent out even without consent from HDB.

**wt_know** · 16-12-12, 21:00

would foreigner pay $1.33M to stay in HDB?

Originally Posted by price

thanks Laguna. that means a seller can sell his HUDC to foreigners while waiting for it to be privatised

**price** · 16-12-12, 21:59

Originally Posted by wt_know

would foreigner pay $1.33M to stay in HDB?

HDB?

i think u are confused

**howgozit** · 16-12-12, 23:28

I think what he meant that it is only private in name. In terms of the build quality and design, it is still very HDB albeit an "atas" HDB.

Originally Posted by price

HDB?

i think u are confused

**howgozit** · 16-12-12, 23:32

Most people think of foreigners as ang mohs.

But there are also Malaysians (and increasingly Filipinos) that may be willing to pay that kind of price.

Originally Posted by wt_know

would foreigner pay $1.33M to stay in HDB?

**Kanarazu** · 17-12-12, 08:04

At $801psf, do you think buyer can still make a profit if the estate goes enbloc?

**kane** · 17-12-12, 08:13

Originally Posted by Kanarazu

At $801psf, do you think buyer can still make a profit if the estate goes enbloc?

Probably, if the condo nearby inflate till about $2000psf. Heh.

**minority** · 17-12-12, 08:17

Originally Posted by Kanarazu

At $801psf, do you think buyer can still make a profit if the estate goes enbloc?

Doubt they buy with profit in mind. more for stay. need big size want location and dont want to pay 3M. So to the buyer this is not profit they are looking at. looking at saving.

Should say saving of 1.7M. For the same size and location. Some buyers dont need the added swimming pool or tennis court. 1.7M saving go join country club better.

That the other view.

**kane** · 17-12-12, 08:22

Join safra best. Cheap cheap and plenty of facility.

**price** · 17-12-12, 09:10

Originally Posted by minority

Doubt they buy with profit in mind. more for stay. need big size want location and dont want to pay 3M. So to the buyer this is not profit they are looking at. looking at saving.

Should say saving of 1.7M. For the same size and location. Some buyers dont need the added swimming pool or tennis court. 1.7M saving go join country club better.

That the other view.

Yea agreed, not everyone buy into HUDCs for enbloc opportunities. There are plenty of privatised HUDCs around!

**Kanarazu** · 17-12-12, 10:15

Originally Posted by price

Yea agreed, not everyone buy into HUDCs for enbloc opportunities. There are plenty of privatised HUDCs around!

Beside gillman heights (interlace), any other hudc estates had successfully enbloc?

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